Bangladesh - Apply for Advance Withdrawal From General Provident Fund

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Procedure

Apply In Person:

1. To Apply for Advance Withdrawal From General Provident Fund, the applicant has to approach the Office of the Chief Accounts & Finance Officer, Pension and Fund Management link
2. An application form will be provided to the applicant by the concerned officer. or it can be downloaded from the following link1 and link2
3. The applicant has to fill in all the necessary details in the application form. (Incomplete applications are not accepted)
4. Make sure that the applicant has attached all the necessary documents that are mentioned in the “Required Documents” section of this page.
5. The applicant has to attach the photocopies of the required documents along with the application form while submitting.
6. Submit all the documents with the completed form to the concerned officer.
7. There is no fee for Advance Withdrawal From General Provident Fund.
8. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
9. Then the application will be processed further. All the updates on the application status will be sent via SMS to the applicant’s mobile number or through email.
10. Once the process gets completed, the applicant gets a call from the office regarding the application.
11. For the further process to complete, the applicant has to follow the instruction given by the officer.
12. This entire process can be completed within 3 - 4 weeks or as per the timeline advised by the respective department authority.

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Required Documents

• Application form link1 and link2
• House building plans
• Medical bills
• Employee ID
• ID proof (Birth Certificate, national Identity card, etc)
• Address proof – (Driving license, passbook, utility bill, etc)
• Fee receipt
• Any other documents (If required)

Office Locations & Contacts

Office of the Chief Accounts & Finance Officer, Pension and Fund Management
Hishab Bhaban (3rd Floor)
Segunbagicha, Dhaka-1000
Open (09:00 AM to 05:00 PM)
E-mail: [email protected]
Phone: +880 9609 000 555, +8802-41030290, +8802-41030296
Contact link

Eligibility

• Any retired government employee who intends to Apply for Advance Withdrawal From General Provident Fund is eligible to make this application.

Fees

• There is no fee for Advance Withdrawal From General Provident Fund.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

• Application form link1 and link2

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• This entire process can be completed within 3 - 4 weeks or as per the timeline advised by the respective department authority.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.

Required Information

• Name
• Address
• Contact number
• Fax
• Email
• Nationality
• Identity number
• Plan details
• Employee ID
• Bank details
• Age
• Other details
• Declaration
• Date
• Signature

Need for the Document

• Advance withdrawal from General Provident Fund (GPF) in Bangladesh is a facility provided to the employees of the government and some autonomous bodies to withdraw a part of their accumulated GPF balance before their retirement.
• The GPF is a retirement benefits scheme that is available to government employees and some autonomous bodies. A certain percentage of the employee's salary is deducted and deposited into the GPF account, which earns interest over time.

Information which might help

• The advance withdrawal facility allows employees to withdraw a certain amount of money from their GPF account before their retirement for specific reasons, such as medical treatment, higher education, house building, or other urgent requirements.
• The maximum amount that can be withdrawn as an advance from the GPF account is usually limited to a certain percentage of the employee's total balance or a specific amount, depending on the rules and regulations of the organization.

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

More information which might help people.